Twitter is laying off a third of its talent acquisition team

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Twitter is laying off a portion of its recruiting team after previously saying it would pause most hiring. The move comes as Twitter continues to await a pending acquisition by Elon Musk, a process that has been marked by confusion and contention between the social media company and the billionaire Tesla CEO.

Several media outlets, including the Wall Street Journal, on Thursday reported that Twitter would lay off around 30% of its talent acquisition team, fewer than 100 people. A Twitter spokesperson confirmed the layoffs to CNN, saying the reduction was made to account for revised business needs.

Twitter, like other tech companies, has been hit by a downturn in the stock market. The company's shares fell about 4% Friday morning, and are down more than 12% since the start of this year. Twitter's stock trades about 30% below Musk's offer price, reflecting severe doubts about the deal, at least as it is currently proposed.

 

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CTV should do the same fire the fake news creators

Employment-Unemployment is looking great!

...and their stock fell.

Talent? Where?

Coincidence...just right after Elon Musk terminates the deal. Cause the exceutives could not get their bonuses.

Twitter is broke and has zero value

Finally they gave a vote of non confidence. They would need to actually hire talent to keep their jobs.

Headline should have read Twitter laying off less than 100 employees But that might not sound newsworthy Oh wait...

Bhavik0880 “Talent acquisition team…”

that is asian coolies( do anything for cash) who gives a rat's behind

They were hiring too many crazy woke leftist

Rogers should lose their license

Well the woke crew are a bunch of UselessEaters

And nothing of value was lost

Yep. When you get cancer it has to be removed. The woke cult is useless cancer.

Hahaha

Haha, where will all those unemployed staff with Gender Studies 'degree' work now? 😂

Only the WOKE ones

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